1.8 - Conseqences of Shock Therapy
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Practice Questions
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Define shock therapy.
💡 Hint: Think about how economies transform.
What is the primary goal of privatization?
💡 Hint: Ownership is shifting from public to private.
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Interactive Quizzes
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What was a primary feature of shock therapy?
💡 Hint: Think about the nature of the changes.
Unemployment rose sharply due to shock therapy.
💡 Hint: Check the outcomes on society.
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Challenge Problems
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Analyze the long-term socio-economic consequences of shock therapy on a post-communist state, using Russia as a case study.
💡 Hint: Think about how economic policies affect social stability.
Debate the ethical implications and human costs of shock therapy in transitioning economies.
💡 Hint: Consider the balance between progress and social responsibility.
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